Tagged: podcast

MISMO Blueprint... The Evil Octopus - AppraisersBlogs 5

The Evil Octopus

Appraisers, it’s not paranoia when ‘the bastards’ really are out to get you (end us as a profession). …Find each octopus and how they relate to our jobs. Look at MISMO Directors list… An Open Letter to Appraisers: Residential & Commercial This started as a response to a blog post by a respected appraiser concerning the influence of AMCs. During drafting it was clear that trying to explain AMCs was only part of the bigger struggles we face today. Picture a violent “all in” three-way gang fight among Octopi. Say a dozen on each side. That’s 36 Octopi x 8 tentacles...

a la mode / AGA / AI / AMC / Appraisal / Appraisal Institute

The Way Things Used To Be - Appraisal fees unchanged in two decades 127

The Way Things Used To Be

“We haven’t had a raise in two decades.” Give me a break! It’s a common complaint in our industry that real estate appraisers haven’t had a raise in two decades. The argument goes that twenty years ago, the standard fee for an appraisal was $350. Fast forward twenty years and it’s still $350. That’s a great sound bite, but the actual logic is deeply flawed. In real terms, we’ve had a huge raise thanks to the massively reduced amount of time we spend on our appraisals. It’s something I’ve written about before (Never Had a Raise in 20 Years), but...

Appraisal / Appraisal News / Appraisers News / Trending / Valuation Technology

AppraiserFest 2018! This isn’t an event, it’s a happening! 39

AppraiserFest 2018

The appraisal profession has never experienced an economic and valuation education forum like AppraiserFest 2018. This is the only national appraisal conference that is “appraiser centric” with a true advocacy for the profession. There are no hidden agendas, only appraisers sharing their knowledge, experience, skills and wisdom with other appraiser colleagues and peers from all backgrounds of membership, designations and levels of certification. Jonathan Miller, CEO of Miller Samuel, Inc. and highly respected appraiser from New York recently stated in his Housing Notes Newsletter, “This isn’t an event, it’s a happening!” In just one phrase, Mr. Miller captured the integrity...

Appraisal / Appraisal News / Appraisers News / Trending

Driver for Appraisal Inspections? Do You Need an Appraiser Driver? 9

Do You Need an Appraiser Driver?

Using a Driver for Appraisal Inspections… Anyone who’s followed me for a while knows that I have three main aims. I want to help real estate appraisers make their business more efficient, more effective, and generate more money. People almost always assume that making more money relies only on cutting costs. This is completely inaccurate. If you become more efficient and more effective, and work smarter instead of working harder, then you’ll start boosting your income. In the past, one of the ways in which I’ve made my work more efficient, and in effect spent money to make more money,...

Appraisal / Appraisal News / Appraisers News / Business Development

Subject as Comparable Sale: Can You Use the Subject as a Comp? 19

Can You Use the Subject as a Comp?

To keep my finger on the pulse of the real estate appraisal community, I like to check in on Facebook groups dedicated to our profession. A little while ago, I noticed that the same question was coming up over and over again; ‘can you use the subject as a comparable sale?’ When you work in a big, metropolitan area, this isn’t really an issue. Real estate appraisers in those places would probably dismiss this idea out of hand; they’re going to have plenty of comparables to use in their valuation process. In rural areas like the one in which I...

Appraisal / Appraisal News / Appraisers News / Fannie Mae - Freddie Mac

Choices Have Outcomes & Consequences: Appraisers Have Choices 5

What’s Your Pleasure?

Appraisers Have Choices… So the bartender asks, what’s your pleasure? Appraisers have choices; choices that impact how we do business, with whom we do business and why we do business. Outcomes and consequences of these choices can and will vary. One of the choices we face, and perhaps is one of the most important choice, are you going to be an industry leader or are you going to be a follower? Any organization, appraisal profession or not, needs both leaders and followers to survive. Professional organizations for appraisers are an important part of the future of the industry. Whether it is a national...

Appraisal / Appraisal News / Appraisal Organizations / Appraisers News / VaCAP / Virginia Coalition of Appraiser Professionals

Appraisal Report Going Public: Appraisals Posted on the Internet or MLS 11

Appraisal Report in MLS Listings

Your Appraisal Report Attached to a MLS Listing…. Private prelisting appraisals are a good revenue stream for many appraisers. Do your clients understand the intended use and intended users? Do you, the appraiser, understand the intended use and the intended users? We often get complacent and assume everyone understands, and then the unthinkable happens; you find your appraisal report attached to a MLS listing or worse, attached as a photo on Zillow. Yes, this actually is happening! On recent MLS listings, the following statements were found: “Offers accepted until… Owner reserves the right to accept or reject any/all offers –...

Appraisal / Appraisal News / Appraisal Organizations / Appraisers News / E&O / Errors & Omissions

CoesterVMS AMC & Brian Coester Sued by Mark Skapinetz, Appraiser 31

Coester Sued by Appraiser

CoesterVMS & Brian Coester have a questionable history with the law… According to a lawsuit filed against CoesterVMS and Brian Coester by appraiser Mark Skapinetz on April 20, 2017, Brian Coester and CoesterVMS have illegally accessed (hacked) his email accounts. The lawsuit alleges violations of the Stored Communication Act, Trespass to Chattel, and Trespass to Land, Conversion, Fraud, and Invasion of privacy. Mark Skapinetz is a Certified Residential Appraiser in Georgia that owns a very active private Facebook page with over 700 members. Mr. Skapinetz has been very vocal about appraisers being treated unfairly by AMC’s and advocates for appraisers.

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Organizations / Appraisers News

Skapinetz Believes Appraisers Are Being Held Captive by AMCs 28

Who is Mark Skapinetz?

Mark Skapinetz believes that appraisers are being held captive by AMCs…. Reserved is not a word that anyone would use to describe Mark Skapinetz; at least of those who know him. Shy is not in his vocabulary. Mark is the founder of the “100% Real Estate Appraisers” group on Facebook. He joined me on April 23, 2017 as a guest on The Appraiser Coach Podcast to discuss everything from training the next generation of appraisers to the AMC debacle. Mark believes that appraisers are being held captive by AMCs. Though he works for a handful of AMCs himself (in other...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News / Customary & Reasonable Fees

Is There a Fourth Approach to Real Estate Value? 17

Is There a Fourth Approach to Real Estate Value?

I want to talk to you about the fourth approach to value… …and specifically an occasion on which it truly saved my bacon. Now, I know a lot of you real estate appraisers out there probably started chuckling as soon as you read the words ‘fourth approach to value.’ If you did, I get it, believe me! I used to be the same way. Over time, however, I’ve grown to see how it can often be a vital part of the valuation process. Let’s have a quick recap for anyone who’s either forgotten the fourth approach, or never learned it...

Appraisal / Appraisal News / Appraisers News

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